IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Team Lease Services Ltd

Registered Office : 6th Flr BMTC Commercial Comple,80 Feet Road Koramangala,Bangalore Karnataka 560095 Phone : 91-80-33002345
Fax : 91-80-33243001

Email : corporateaffairs@teamlease.com

Website : https://group.teamlease.com

Public issue of 4,984,438 equity shares of face value of Rs. 10 each ("equity shares") of Teamlease Services Limited ("company" or "issuer") for cash at a price of Rs. 850 per equity share (including a share premium of Rs. 840 per equity share) ("offer price") aggregating to Rs. 423.68 crores comprising of a fresh issue of 1,764,705 equity shares by the company aggregating to Rs. 150.00 crores ("fresh issue") and an offer for sale of 275,977 equity shares by Gaja Capital India Fund-I ("GCIF"), 76,660 equity shares by Gaja Advisors Private Limited ("GAPL"), 1,180,569 equity shares by GPE (India) Ltd. ("GIL"), 1,533,206 equity shares by India Advantage Fund S3 I ("IAF") and 153, 321 equity shares by HR Offshoring Ventures Pte Ltd. ("HROV") (the "selling shareholders") aggregating to Rs. 273.68 crores (the "offer for sale" and together with the fresh issue, the "offer"). The offer comprises a net offer to the public of 4,974,438 equity shares (the "net offer") and a reservation of 10,000 equity shares aggregating to Rs. 85.00 crores for subscription by eligible employees (the "employee reservation portion"). The net offer will constitute 29.10% of post-offer paid-up equity share capital. The Face value of the equity share is Rs. 10 each.

Issue

Opens On

Closes On

02-Feb-2016

04-Feb-2016

Money Payable On

Application

Allotment

850.00

0.00

Minimum Application for shares in Nos : 15.0 Further Multiples of : 15.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

423.68

0.00

850.00

Credit Suisse Securities (India) Pvt Ltd

ICICI Securities Ltd

IDFC Securities Ltd

Projects

Funding existing & incremental working capital req

Acquisitions and other strategic initiatives

Upgradation of the existing IT infrastructure

General corporate purposes

Promoted By

Manish Mahendra Sabharwal

Ashok Kumar Nedurumalli

Mohitkaran Virendra Gupta

Listing At

Registrar to the Issue

KFin Techologies Ltd